Redington rallies on signing pact with DELL

Dell India Private Limited has appointed the Redington (India) as a distributor of their Smartphones for the southern India region.

Under this tie up, the company would do billing through new City Distributors (CD) to be appointed across Tamilnadu, Karnataka, Kerala and Andhra Pradesh, according to notice available with exchanges.

Redington has touched an intraday high of Rs 79.90 and an intraday low of Rs 75.55.
 
At 12:13 hours the share of Redington (India) was trading at Rs 78.65, up Rs 2.80, or 3.69%, with volumes of 76,909 shares.

In the previous trading session, the share closed down 1.30% or Rs 1.00 at Rs 75.85. Market capitalisation stands at Rs 3,107.68 crore.